Key figures
| Group summary (DKK million) | 2009 | 2008 | 2007 | 2006 | 2005 |
| Revenue | 8,439.7 | 9,821.2 | 8,150.3 | 7,370.2 | 3,734.8 |
| EBITDA | 587.9 | 756.5 | 764.3 | 788.8 | 421.9 |
| EBITA | 192.4 | 337.6 | 438.8 | 471.5 | 203.8 |
| Operating profit (EBIT) | 190.0 | 124.4 | 438.8 | 471.5 | 201.6 |
| Profit/(loss) after tax in associates | (11.4) | 4.0 | (3.0) | 4.2 | 0.1 |
| Profit/loss from divestment of equity investments | 0.0 | 21.4 | 0.0 | 282.9 | 17.6 |
| Value adjustment of the holding of Vestas shares | 40.6 | (871.5) | 1,466.8 | 692.4 | 381.0 |
| Net financials before value adjustment of Vestas shares | (117.7) | (143.5) | (136.5) | (102.9) | (70.6) |
| Profit/(loss) before tax | 101.5 | (865.2) | 1,766.1 | 1,348.1 | 529.7 |
| Tax on the profit/(loss) for the year | (28.5) | (38.3) | (102.4) | (107.9) | (33.1) |
| Profit for the year from continuing operations | 73.0 | (903.5) | 1,663.7 | 1,240.2 | 496.6 |
| Profit for the yare from discontinuing operations | 77.9 | 0.1 | 19.5 | 74.6 | 0.0 |
| Profit/loss for the year | 150.9 | (903.4) | 1,683.2 | 1,314.8 | 496.6 |
| | | | | | |
| Share of equity attributable to shareholders of Schouw & Co. | 4,454.5 | 4,414.7 | 4,972.4 | 3,460.6 | 2,307.6 |
| Minority interests | 298.9 | 220.2 | 669.1 | 380.8 | 472.1 |
| Total equity | 4,753.4 | 4,634.9 | 5,641.5 | 3,841.4 | 2,779.7 |
| Total assets | 9,658.5 | 10,153.2 | 10,316.4 | 7,465.8 | 6,965.1 |
| Net interest-bearing debt | 2,280.7 | 2,996.4 | 2,641.3 | 2,071.6 | 2,711.5 |
| Working capital | 1,455.4 | 2,208.3 | 1,842.4 | 1,596.0 | 1,457.0 |
| | | | | | |
| Other financial data | | | | | |
| Number of employees | 3,334 | 3,743 | 3,541 | 3,352 | 2,784 |
| Investments in property, plant and equipment | 208.4 | 335.2 | 308.8 | 536.7 | 450.9 |
| Depreciation of property, plant and equipment | 322.2 | 328.0 | 300.5 | 293.2 | 187.3 |
| Return on equity (%) | 2.5 | (19.1) | 39.2 | 43.0 | 24.3 |
| ROIC (%) | 4.3 | 7.2 | 10.3 | 13.5 | 7.5 |
| Equity ratio (%) | 49.2 | 45.6 | 54.7 | 51.5 | 39.9 |
| Cash flow from operating activities | 1,191.2 | 273.0 | 281.4 | 420.3 | 275.7 |
| EBITDA margin (%) | 7.0 | 7.7 | 9.4 | 10.7 | 11.3 |
| EBIT margin (%) | 2.3 | 1.3 | 5.4 | 6.4 | 5.4 |
| | | | | | |
| Per share data | | | | | |
| Earnings per share (of DKK 10) | 4.43 | (35.34) | 70.74 | 52.76 | 21.09 |
| Diluted earnings per share (of DKK 10) | 4.43 | (35.34) | 70.45 | 52.56 | 21.06 |
| Dividend per share (of DKK 10) | 3.00 | 3.00 | 3.00 | 3.00 | 1.50 |
| Net asset value per share (of DKK 10) | 177.15 | 168.25 | 215.42 | 147.99 | 97.68 |
| Share price at year end (of DKK 10) | 94.45 | 76.21 | 220.70 | 180.09 | 115.01 |
| Price/net asset value | 0.53 | 0.45 | 1.02 | 1.22 | 1.18 |
| P/E | 21.32 | Neg. | 3.12 | 3.41 | 5.45 |
| Market capitalisation | 2,375.0 | 1,999.7 | 5,094.3 | 4,211.0 | 2,717.0 |
The financial ratios have been calculated in accordance with “Recommendations & Ratios 2005”, issued by the Danish Society of Financial Analysts.


